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ADX AROON Strategy
Source: https://fxcodebase.com/code/viewtopic.php?f=29&t=2133
Forum: 29 · Topic 2133 · 1 post(s)
ADX AROON Strategy
Apprentice · Sat Sep 11, 2010 8:48 am
This signal is written on the basis of a request
Signal is given when the ADX line crosses up through a horizontal line placed on the 25 mark.
Signal Confirmation If Aroon indicator is anywhere between 95 and 100. Aroon Down line for Sell signal and Aroon Up line for Buy .
The is one exception is if the signals were created by an exceptionally large bar. Then the signals are ignored.
The strategy has the option of giving signals when the ADX meet the criteria. Not only on the ADX croossover.
Before its use test this strategy. Do not test this strategy on a live account. Or turn off the Trade functionality .